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26/08/2008, 08h24
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German GFK consumer sentiment deteriorates to 1,50 in september, euro lower against dollar at 1,4680.
Euro is lower against the greenback at 1,4680, 1,6160 against the swiss franc, 160.85 against the yen and 0,7962 against the sterling during early European trading session after disappointed German GFK index. German consumer sentiment deteriorates more than expected in September to 1,50 hitting a 5-year low, market expected the index to come in at 2,00 points. German IFO business climate index expected at 10h00 AM later today should be as well disappointed, market expecting 97,10 in august against 97,50 in july.
 
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